Commercial Property with Storage
For Sale
Contact for pricing
1408 E 5th St, Odessa, TX 79761
Commercial property featuring a shop and multiple storage units.
Property Size11,800 SF
Price / SF$33.89
Days on Market109
Property Features for 1408 E 5th St
General Information
Standard status
Active
Size
11,800 SF
Property subtype
Special Purpose
Zoning
EE2
Building Details
Year Built
1980
Listing Agency:
The Real Estate Group
(432) 631-5811
Listed By:
Terry Swann · License #0799047
Source:
Crexi
Added: May 8
Changed: Aug 8
Last Checked: Aug 8 at 7:18AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Real Estate Group
Investment Insights
Based on property information with market context.
This commercial property includes a 60'x60' unoccupied shop with a 3/4 bath, office space, and two storage closets. The shop features two 12'x13' overhead roll-up doors and one 12'x14' overhead roll-up door, all operated with chain drives. The roof is constructed of rubber TPO material. Additionally, the property contains a concrete block structure with 44 mini storage units, consisting of 15 units measuring 10'x15' and 29 units measuring 10'x20'. All roofs on the storage units are also made of rubber TPO material. Currently, 43 of the storage units are occupied, generating rental income. The 60'x60' shop can be leased out for additional income or used by the property owner.
Key Highlights
- Substantial Rental Income: 43 of 44 mini storage units are currently occupied, generating income.
- Large 60'x60' Shop: Includes a 3/4 bath, office, and two storage closets, offering flexibility for lease or personal use.
- Multiple Roll‑Up Doors: Features two 12'x13' and one 12'x14' overhead roll‑up doors for easy access to the shop.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
969
Businesses Nearby
Explore this area
Business Placement
Demographics for 79761, TX
30,187
Population
13,591
Households
2.2
Avg Household Size
35
Median Age
14%
College-Educated
76%
High-School Grad
10.4 sq mi
ZIP Area
2,903
Density / Sq Mi
$69,279
Median Household Income
$42,724
Median Earnings
$1,246
Median Rent
$158,400
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Self storage facility - Commercial property featuring a shop and multiple storage units.
Where is this self storage facility located?
The property is located at 1408 E 5th St Odessa, TX.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Substantial Rental Income: 43 of 44 mini storage units are currently occupied, generating income.; Large 60'x60' Shop: Includes a 3/4 bath, office, and two storage closets, offering flexibility for lease or personal use.; Multiple Roll‑Up Doors: Features two 12'x13' and one 12'x14' overhead roll‑up doors for easy access to the shop.
